Stock market start Q3 on strong footing

The second week of the third quarter showed some substantial transactions on the Botswana Stock Exchange (BSE) with most of the domestic counters continuing to reach new highs.

A weekly market update by Motswedi Securities research analysts, Garry Juma and Tlotlo Ramalepa, shows that a total of 4.8 million shares worth P19.9 million were transacted during the week.

Of these volumes, the country’s largest microlender, Letshego traded 77.3 percent.

Editor's Comment
We salute Kgomo Khumo for a job well done

Stock theft has become rampant and difficult to contain thus keeping the police on their toes as the country is rocked by stock theft cases that are becoming difficult to contain.This form of crime is causing great misery to farmers in Botswana, especially in rural communities that largely depend on agriculture for a living. As stock theft cases escalate, the police say that most of the meat consumed in major towns and villages is from stolen...

Have a Story? Send Us a tip
arrow up